The following is an excerpt from DSNews.com “LPS: More Than 7M Mortgages Are Delinquent or in Foreclosure” There are 7,043,000 mortgages in the United States that are at least 30 days past due or in the process of foreclosure, according to Lender Processing Services (LPS). The company provided the media with a sneak peek at [...]
Entries Tagged as 'Short Sale'
LPS: More Than 7M Mortgages Are Delinquent or in Foreclosure (Excerpt)
November 18th, 2010 · No Comments · In the News
Tags:Charlotte foreclosure homes·Charlotte NC foreclosures·Charlotte Real Estate Investment·Charlotte REO·Economy·Foreclosures·Foreclosures Charlotte·Foreclosures NC·Housing Crisis·Real Estate Industry·Real Estate Market·REO·Short Sale
Foreclosure Activity Up in 65%of US Metros in Q3: RealtyTrac (Excerpt)
October 28th, 2010 · No Comments · In the News
Data released by RealtyTrac Thursday shows that foreclosure activity rose in 65 percent of the nation’s major metropolitan areas during the third quarter. Cities in California, Florida, Nevada, and Arizona once again claimed the nation’s highest foreclosure rates, accounting for 19 of the top 20 metros at the top of RealtyTrac’s list. The only exception [...]
Tags:2010·American·Bankrate·Charlotte foreclosure homes·Charlotte Real Estate Investment·Charlotte REO·Economy·Foreclosures·Foreclosures Charlotte·Foreclosures NC·Housing·Housing Crisis·News·Real Estate Industry·Real Estate Market·Reason·REO·Short Sale
Charlotte, NC Real Estate Broker Answers Tough Questions About the Foreclosure Freeze
October 28th, 2010 · 2 Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, In the News
FOR IMMEDIATE RELEASE Nancy Braun, Owner & Broker-In-Charge 315 Main Street Pineville, NC 28134 704-889-5600 info@showcaserealty.net Local Real Estate Broker Answers Tough Questions about the Foreclosure Freeze Nancy Braun of Showcase Realty, LLC gives relevant information for local homeowners about the recent foreclosure news. CHARLOTTE, NC October 28, 2010 – Nancy Braun, owner and broker-in-charge [...]
Tags:2010·Charlotte·Charlotte foreclosure homes·Charlotte NC foreclosures·Charlotte Real Estate Investment·Charlotte REO·Charlotte short sale·Economy·Foreclosures·Foreclosures Charlotte·Housing·Housing Crisis·Nancy Braun·News·North Carolina·Real Estate Industry·Real Estate Market·REO·Short Sale·short sales Charlotte·Showcase Realty
Questions and answers about the foreclosure freeze
October 18th, 2010 · No Comments · In the News
Erroneous documents. A freeze on foreclosures. Charges of fraud. A flurry of developments have sketched an alarming scenario: that major U.S. banks rammed through foreclosure after foreclosure without giving many borrowers a fair shot at keeping their homes. Questions have arisen about the scope of the problem, the effect on the nation’s foreclosure epidemic and [...]
Tags:American·Bankrate·Charlotte·Charlotte foreclosure homes·Charlotte Real Estate Investment·Decline·Economy·Foreclosure Freeze·Foreclosures·Foreclosures Charlotte·Nancy Braun·Real Estate Industry·Real Estate Market·Short Sale·Showcase Realty
“Weak Job Market Strong Dynamic in Commercial Mortgage Performance” (Excerpt)
October 18th, 2010 · No Comments · In the News
Check out this interesting article by Carrie Bay for DSNews.com: The nation’s poor employment picture has become one of the biggest impediments to a perceptible recovery in the mortgage markets – both for residential and commercial real estate. Job loss is now the primary trigger of default among struggling homeowners, and two separate research reports [...]
Tags:Bankrate·Charlotte foreclosure homes·Charlotte Real Estate Investment·Charlotte REO·Economy·Foreclosures·Foreclosures Charlotte·Mortgage rates·Nancy Braun·Real Estate Industry·Real Estate Market·Short Sale·Short Sales·short sales Charlotte·Showcase Realty
Speeding up foreclosure proceedings….
July 28th, 2010 · 3 Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, Default Industry REO Conferences, How to Find Foreclosures, In the News, Uncategorized
Fannie Mae and Freddie Mac are beginning to initiate foreclosures at a faster pace. According to a new study from Lender Processing Services (LPS), GSE foreclosure starts have been accelerating and are currently at all-time highs. From May to June, foreclosures initiated by Fannie and Freddie jumped 21 percent. The GSEs’ prime borrowers are performing [...]
Tags:Charlotte foreclosure homes·Charlotte Real Estate Investment·fannie mae·Freddie Mac·Nancy Braun·Short Sale·Showcase Realty
Short Sales Increase! Great Investment Opportunity
May 26th, 2010 · No Comments · Charlotte Real Estate Investment, In the News
Short Sales are going to dominate! See what DSNews says: “With distressed borrowers increasingly turning to short sales as an alternative to foreclosure, the proportion of damaged foreclosure properties, otherwise known as REO, sold during April plunged, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions. The survey found that [...]
Tags:Foreclosures·REO·Short Sale
